证券代码：002697 证券简称：红旗连锁 公告编号：2024-032 成都红旗连锁股份有限公司 第五届监事会第十一次会议决议公告 本公司及监事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 三、备查文件 1、第五届监事会第十一次会议决议 特此公告 成都红旗连锁股份有限公司 监事会 二、监事会会议审议情况 1、审议通过了《2024 年第三季度报告》 表决情况：本议案有效表决票 3 票，同意 3 票，反对 0 票，弃权 0 票 监事就该报告签署了书面确认意见。 经审核，监事会全体人员认为董事会编制和审核的公司《2024 年第三季度报 告》的程序符合法律、行政法规的规定。报告内容真实、准确、完整的反映了公 司的实际情况，不存在任何虚假记载、误导性陈述或重大遗漏。 《2024 年第三季度报告》详见《中国证券报》、《上海证券报》、《证券日 报》、《证券时报》和巨潮资讯网（http://www.cninfo.com.cn）。 一、监事会会议召开情况 成都红旗连锁股份有限公司（以下简称"公司"）第五届监事会第十一次会 议于 2024 年 10 月 29 日下午 16:00 时以现场方 ...

Financial Performance - Revenue for the third quarter was RMB 2.58 billion, a decrease of 2.17% year-over-year[2] - Net profit attributable to shareholders for the third quarter was RMB 123.43 million, down 17.91% year-over-year[2] - Total revenue for the first nine months of 2024 was RMB 7.77 billion, an increase of 1.65% year-over-year[2] - Net profit attributable to shareholders for the first nine months was RMB 390.01 million, a decrease of 4.21% year-over-year[2] - Total operating income for the quarter reached 7.767 billion RMB, a 1.65% increase compared to the same period last year[11] - Operating costs amounted to 7.448 billion RMB, up 1.97% year-over-year[12] - Net profit for the quarter was 390.01 million RMB, a 4.21% decrease compared to the previous year[13] - Basic earnings per share (EPS) for the quarter was 0.29 RMB, down from 0.30 RMB in the same period last year[13] Assets and Liabilities - Total assets as of the end of the third quarter were RMB 8.32 billion, an increase of 2.53% compared to the end of the previous year[2] - Equity attributable to shareholders was RMB 4.33 billion, an increase of 5.39% compared to the end of the previous year[2] - Total assets increased to 8,315,502,681.42 yuan, up from 8,110,293,782.99 yuan at the beginning of the period[10] - Total liabilities stood at 3.983 billion RMB, slightly down from 3.999 billion RMB in the previous period[11] - Total equity attributable to the parent company increased to 4.332 billion RMB from 4.110 billion RMB[11] - Total assets reached 8.316 billion RMB, up from 8.110 billion RMB in the previous period[11] Cash Flow - Sales of goods and services received cash of 8,589,367,053.08 yuan, a slight decrease compared to the previous period's 8,595,238,727.43 yuan[14] - Total cash inflow from operating activities was 8,663,301,005.47 yuan, slightly higher than the previous period's 8,646,913,770.23 yuan[15] - Cash outflow for purchasing goods and services was 6,389,152,215.90 yuan, an increase from the previous period's 6,288,281,792.33 yuan[15] - Net cash flow from operating activities increased to 798,028,872.86 yuan, up from 677,532,165.86 yuan in the previous period[15] - Cash received from investment returns was 1,006,731,317.85 yuan, significantly higher than the previous period's 646,150,791.80 yuan[15] - Net cash flow from investment activities improved to -35,721,674.24 yuan, compared to -130,439,705.20 yuan in the previous period[15] - Net cash flow from financing activities was -670,250,245.54 yuan, an improvement from -1,120,091,492.96 yuan in the previous period[15] - Net increase in cash and cash equivalents was 92,056,953.08 yuan, a significant improvement from the previous period's -572,999,032.30 yuan[16] - Ending cash and cash equivalents balance was 1,819,728,837.77 yuan, up from 1,495,187,313.96 yuan in the previous period[16] Business Operations and Investments - The company achieved value-added business revenue of RMB 2.27 billion[5] - Investment income from Xinwang Bank and Gansu Hongqi was RMB 85.84 million[5] - The company launched the "Hongqi Preferred" whole wheat bread, which has been well-received by consumers[5] - The company optimized its logistics and distribution system and increased investment in information technology, leveraging the Hongqi Cloud big data platform[5] - Investment income decreased to 92.29 million RMB, down 17.05% compared to the same period last year[12] Financial Position - Monetary funds rose to 1,829,256,037.77 yuan, compared to 1,736,789,419.69 yuan at the start of the period[9] - Accounts receivable increased to 177,232,115.98 yuan, up from 90,951,464.85 yuan[10] - Inventory grew to 2,209,151,410.65 yuan, compared to 2,037,518,638.84 yuan[10] - Long-term equity investments reached 1,171,673,539.17 yuan, up from 1,131,279,420.63 yuan[10] - Fixed assets decreased to 1,005,776,326.43 yuan, down from 1,053,192,371.17 yuan[10] - Contract liabilities increased to 1,129,322,442.06 yuan, up from 1,052,150,721.92 yuan[10] - Total current assets amounted to 4,843,995,832.88 yuan, compared to 4,526,864,053.86 yuan[10] - Total non-current assets decreased to 3,471,506,848.54 yuan, down from 3,583,429,729.13 yuan[10] - Accounts payable decreased to 1,521,558,751.97 yuan, down from 1,561,799,184.08 yuan[10] Expenses - Sales expenses rose to 1.727 billion RMB, a 0.63% increase compared to the previous year[12] - Financial expenses increased significantly to 60.69 million RMB, up 53.1% year-over-year[12]

证券代码：002697 证券简称：红旗连锁 公告编号：2024-031 成都红旗连锁股份有限公司 关于转让甘肃省红旗便利连锁有限公司股权的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、概述 成都红旗连锁股份有限公司（以下简称"公司""红旗连锁"） 于 2024 年 10 月 29 日召开第五届董事会第十七次会议，审议通过了《关于转让甘肃省红旗 便利连锁有限公司股权的议案》，同意公司与兰州国资利民集团有限公司（以下 简称"国资利民"）签署《股权转让协议》，将公司持有的甘肃省红旗便利连锁有 限公司（以下简称"甘肃红旗"、"标的公司"）20%股权以 1 元对价转让给国资利 民，股权转让完成后，公司不再持有甘肃红旗股权。 公司于 2020 年 6 月 11 日召开第四届董事会第十二次会议，审议通过了《关 于对外投资的议案》，同意公司与兰州国资利民资产管理集团有限公司（变更名 称前）签署《战略合作协议》，共同成立甘肃红旗，注册资本拟定为人民币 15,000 万元。公司以信息管理系统使用权、管理团队和模式、供应链平台输出作价出资 人民币 3,000 万元，占注 ...

本资产评估报告依据中国资产评估准则编制 兰州国资利民集团有限公司拟收购成都红旗连锁股份有限公司 所持有的甘肃省红旗便利连锁有限公司 20%股权 所涉及的甘肃省红旗便利连锁有限公司 股东全部权益价值评估项目 资产评估报告 中天成评报字[2024]0240 号 中天成土地房地产资产评估（北京）有限公司 二〇二四年九月二十三日 | 报告编码: | 111170002202400152 | | --- | --- | | 合同编号: | ZG24067 | | 报告类型: | 法定评估业务资产评估报告 | | 报告文号: | 中天成评报字[2024]0240号 | | 报告名称: | 兰州国资利民集团有限公司拟收购成都红旗连锁股 份有限公司所持有的甘肃省红旗便利连锁有限公司 20%股权所涉及的甘肃省红旗便利连锁有限公司 股 | | | 东全部权益价值评估项目 | | 评估结论: | -2.604.500.00元 | | 评估报告日: | 2024年09月23日 | | 评估机构名称: | 中天成十地房地产资产 ( = ) | | 签名人员: | 干峰锁 (资产评估师 50080025 | | | 文春菜 (资产评估师 ...

Investment Rating - The investment rating for the company is "Add" (maintained) [1] Core Views - The company reported a 6% year-on-year growth in net profit attributable to shareholders in H1 2024, with revenues of 5.186 billion yuan, net profit of 267 million yuan, and net profit after deducting non-recurring items of 241 million yuan, reflecting year-on-year changes of +3.67%, +3.81%, and +0.21% respectively [2] - The company has a stable operation in high-density convenience supermarket management, with significant investment returns from Xinwang Bank [2] - The company has adjusted its store product structure and improved store renovations, completing upgrades for 202 stores and opening 16 new stores, totaling 3,655 stores by June 30, 2024 [2] Financial Summary - For H1 2024, the company's gross margin was 28.98%, and net margin was 5.14%, with a slight decrease in gross margin by 0.37 percentage points year-on-year, while net margin remained stable [2] - The company expects EPS for 2024-2026 to be 0.43, 0.46, and 0.49 yuan respectively, with corresponding PE ratios of 9.7, 9.2, and 8.6 [2][3] - The total assets of the company are projected to grow from 8,110 million yuan in 2023 to 9,639 million yuan in 2026, with a steady increase in net profit from 561 million yuan in 2023 to 663 million yuan in 2026 [3][4]

证券代码：002697 证券简称：红旗连锁 | --- | --- | --- | |-------------------------|----------------------------------------|--------------------------------------------------| | 投资者关系活动 | □特定对象调研 □分析师会议 | 编号：2024--02 | | 类别 | □媒体采访 | √业绩说明会 | | | □新闻发布会 □路演活动 | | | | □现场参观 | | | | □其他 （请文字说明其他活动内容） | | | 参与单位名称及 人员姓名 | 投资者 | | | 时间 2024 | 年 9 月 12 | 日(周四) 下午 13:00-17:00 | | | 地点 公司总部会议室 | | | 上市公司接待人 | 党委书记、董事长、总经理：曹世如 | | | 员姓名 | 副董事长、副总经理、董秘：曹曾俊 | | | | 副总经理、财务负责人：陈慧君 | | | | 四川辖区 2024 明会，主要内容如下： | 年投资者网上集体接待日及半年度报告业绩说 ...

成都红旗连锁股份有限公司 关于参加四川辖区 2024 年投资者网上集体接待日 及半年度报告业绩说明会的公告 证券代码：002697 证券简称：红旗连锁 公告编号：2024-029 特此公告。 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 成都红旗连锁股份有限公司 董事会 二〇二四年九月二日 为进一步加强与投资者的互动交流，成都红旗连锁股份有限公司（以下简称 "公司"）将参加由四川省上市公司协会、上证所信息网络有限公司、深圳市全 景网络有限公司联合举办的"四川辖区 2024 年投资者网上集体接待日及半年度 报告业绩说明会"活动，现将相关事项公告如下： 本次活动将采用网络远程的方式举行， 投资者可登陆"全景路演" （https://rs.p5w.net）参与本次互动交流，活动时间为 2024 年 9 月 12 日（周 四）13:00-17:00。 届时公司高管将在线就公司 2023 年度及 2024 年半年度业绩、公司治理、发 展战略、经营状况、融资计划、股权激励和可持续发展等投资者关心的问题，与 投资者进行沟通与交流。 欢迎广大投资者积极参与！ ...

Investment Rating - The report maintains an "Outperform" rating for the company, with a target price of RMB 6.20, reflecting a potential downside of 14% from the current stock price [4][10]. Core Insights - The company reported a revenue of RMB 5.186 billion for 1H24, representing a year-on-year growth of 3.67%, and a net profit attributable to shareholders of RMB 267 million, up 3.81% YoY [10]. - The company is focusing on store optimization, including adjusting product structures and upgrading store decor, with 202 old stores upgraded and 16 new stores opened in 1H24 [2][10]. - The report highlights a decrease in the overall gross profit margin (GPM) by 0.37 percentage points to 28.98% in 1H24, with a further decline in 2Q24 GPM to 28.12% [2][10]. Financial Performance Summary - 1H24 revenue was RMB 5.186 billion, up 3.67% YoY; net profit attributable to shareholders was RMB 267 million, up 3.81% YoY; diluted EPS was RMB 0.20; and ROE was 6.32% [10]. - The company’s core business net profit grew by 6.14% YoY, with a core business net profit margin of 4% [2][10]. - The investment profit from XWBank was RMB 59.90 million, while Gansu Hongqi Investment incurred a loss of RMB 0.54 million, leading to a total investment profit of RMB 59.36 million, down 4% YoY [2][10]. Revenue Breakdown - By category, revenue growth was noted in food (1.66%), tobacco and alcohol (9.02%), and daily necessities (1.33%), while other business revenues fell by 3.19% [2][10]. - By region, revenue growth was 4.11% in Chengdu urban areas, 4.69% in suburban counties, and 2.64% in secondary cities, with respective revenue contributions of 51.07%, 37.29%, and 4.05% [2][10]. Future Earnings Forecast - The company is projected to achieve net profits of RMB 578 million, RMB 545 million, and RMB 726 million for 2024-2026, with respective year-on-year growth rates of 3.1%, 11.6%, and 12.4% [4][10]. - The core business net profit is expected to be RMB 427 million, RMB 486 million, and RMB 559 million for the same period, with growth rates of 4.2%, 13.9%, and 14.9% YoY [4][10].

华西证券股份有限公司 关于 成都红旗连锁股份有限公司 详式权益变动报告书 之 2024 年半年度持续督导意见 财务顾问 二〇二四年八月 声 明 2023 年 12 月 20 日，商投投资与曹世如女士及其一致行动人曹曾俊先生签 署了《四川商投投资有限责任公司与曹世如及曹曾俊关于成都红旗连锁股份有限 公司之股份转让协议》《表决权放弃协议》《业绩承诺协议》。曹世如女士、曹 曾俊先生拟通过协议转让的方式将持有的合计 93,925,000 股红旗连锁股份（其中 曹世如女士转让 81,855,000 股，曹曾俊先生转让 12,070,000 股）及其所对应的股 东权利、权益转让给商投投资，合计转让股份占公司总股本的 6.91%，在上述股 份转让完成后，曹世如、曹曾俊承诺在弃权期限内放弃其合计所持红旗连锁剩余 的 281,775,000 股股份（占公司总股本的 20.72%）的表决权；同日，永辉超市与 商投投资签署了《四川商投投资有限责任公司与永辉超市股份有限公司关于成都 红旗连锁股份有限公司之股份转让协议》，永辉超市拟通过协议转让的方式将持 有的 136,000,000 股红旗连锁股份及其所对应的股东权利、权益转让给商投 ...

Investment Rating - The report maintains a "Buy" rating for the company, indicating a positive outlook for its stock performance relative to the market [3][4]. Core Insights - The company reported a 3.67% year-on-year increase in revenue for the first half of 2024, reaching 5.186 billion yuan, while net profit grew by 3.81% to 267 million yuan [3][4]. - In Q2 2024, revenue was 2.75% higher year-on-year at 2.515 billion yuan, but net profit decreased by 10.9% to 103 million yuan due to a 42% drop in investment income from joint ventures [3][4]. - The company is focusing on optimizing its store network and enhancing its online sales channels, with 16 new stores opened and 202 existing stores upgraded in the first half of 2024 [3][4]. - The company aims to create a convenient shopping experience with a "15-minute" lifestyle circle, which includes a dense network of stores to reduce operational costs and enhance customer loyalty [3][4]. - The company is also progressing with a share transfer to a state-owned enterprise, which is expected to provide new growth momentum in the long term [3][4]. Financial Summary - For 2024, the company expects total revenue of 10.502 billion yuan, with a year-on-year growth rate of 3.6% [4]. - The projected net profit for 2024 is 599 million yuan, reflecting a 6.8% increase compared to the previous year [4]. - The company's gross margin is expected to be around 29.4% for 2024, with a return on equity (ROE) of 13.1% [4].